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Saskatchewan

Firm Capital to Melcor management: Take REIT private

Don Wilcox Commercial REITs Alberta Mar. 14 2024

Unhappy with years of discounted stock prices, FC Private Equity Realty Management Corp. is calling for Melcor REIT’s (MR-UN-T) majority shareholder Melcor Developments to take the trust private in a buyout to return about $100 million to minority shareholders.

 

Melcor REIT suspends distribution, begins strategic review

RENX Staff Commercial REITs Alberta Feb. 23 2024

Melcor REIT (MR.UN-T) has announced the commencement of a strategic review process and the suspension of its monthly distributions.

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